CE Oltenia estimates profits of over 44 million lei in January
The Oltenia Energy Complex estimates for January a profit of more than 44 million lei, after a profit of approximately…
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Greg Konieczny
Johan Meyer appointed as sole lead portfolio manager of Fondul Proprietatea
Franklin Templeton announced that, with effect from 1 April 2018, Johan Meyer will become sole lead portfolio manager of the…
Greg Konieczny, Fondul Proprietatea: Interim mandates of political appointees should cease immediately
Romania faces a pushback in the corporate governance of the state companies, in the current political regime. There is a…
Konieczny, FP: Interim mandates of political appointees should cease immediately
Bogdan Tudorache Romania faces a pushback in the corporate governance of the state companies. There is a concerning intention to…
Konieczny: We will see the end of corporate governance in Romania
Corporate governance could be abandoned in Romania if the amendments to the corporate governance law, currently being debated in Parliament,…
FP: Extending Hidroelectrica’s Board mandates generates a risk of corruption
Fondul Proprietatea (FP) announced it opposes the extension proposed by the Energy ministry of the mandates of the current Hidroelectrica…
Fondul Proprietatea requests the revocation of four members of Hidroelectrica’s supervisory board
Fondul Proprietatea (FP) has summoned Hidroelectrica’s ordinary shareholders’ meeting in order to ask shareholders to replace four members of the…
FP: CE Oltenia exemption from corporate governance law – “a huge step backwards”
“We are extremely disappointed and concerned about the efforts of lawmakers to further expand the ‘blacklist’ of state-owned companies exempted…
FP: The ports would generate tremendous losses for the Romanian state
Fondul Proprietatea, which owns major energy and general shares in the Romanian economy, is seriously concerned by the renewed steps…
Konieczny, FP: Hidroelectrica discusses variants of privatization, but for 2018
Only a miracle will make the Hidroelectrica privatization take place this year, responded Fondul Proprietatea’s manager, Greg Konieczny, to an…
Konieczny, FP: Hidroelectrica needs a board appointed on a four-year mandate
Fondul Proprietatea (FP) is not satisfied with proposals made by the Ministry of Energy to set up another interim Board…
Romania would benefit from a sovereign investment fund – Konieczny
Creating a Sovereign Investment Fund could generate more value for Romania, the ministers will not spend much time anymore to…
Konieczny: State companies have wasted cash for years
State companies have no shortage of cash, and they have wasted cash for years, so there’s no reason why not…
Fondul Proprietatea asks for a new management at Nuclearelectrica
Fondul Proprietatea announces that it strongly opposes the proposal of Nuclearelectrica’s Board to renew its mandate and maintain the same…
Greg Konieczny (Property Fund) accuses the Ministry of Energy that violates the principle of transparency in Nuclearelectrica
Given the current situation of the electricity market and the long term forecasts, the Property Fund considers the project on…
Fondul Proprietatea negotiates the exit from Engie, Enel and Electrica subsidiaries
Fondul Proprietatea (FP) currently negotiates the sellout of share packages it owns in Engie, Enel and Electrica subsidiaries, and deals…
Konieczny: FP reduced political influence in companies it owns
While Fondul Proprietatea (FP) presence suceeded reducing the political influence in companies it owns, FP became the fifth largets fund…